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Search Results 0 to 49 of about 63 (some duplicates have been removed)
credit rating on u.s. debt. right now moody's has a negative outlook on the u.s. economy. worries about a fiscal freefall, kept wall street stocks in check: the dow and nasdaq fell a fraction, while the s&p was up a fraction. american businesses are not only concerned about the fiscal showdown in washington, but also about corporate earnings. nearly all of the s&p 500 firms have reported numbers, and profit growth is the slowest since the recession in 2009. and the majority of firms are also reporting disappointing revenues. here's erika miller with a look back at the quarter, and a look ahead. >> reporter: earnings season is drawing to a close. and for many firms it's good riddance. nearly all of the s&p 500 have reported quarterly numbers, and according to s&p capital i.q., profits are up a measly 2%. thomson reuters and factset crunch the numbers slightly differently, and believe profits are actually down. the bigger concern is revenue growth. s&p has the most optimistic analysis with a 0.6% gain. the other two firms see negative growth. firms face an almost universal problem: a slow
>> susie: good evening everyone. i'm susie gharib. a dire warning from moody's to u.s. lawmakers: avert the fiscal cliff, or risk a credit downgrade. >> tom: i'm tom hudson. we're going global with legendary investor mark mobius, franklin templeton's top strategist on the state of emerging markets now. >> susie: and picture this: the u.s. is just a few years away from being the world's top oil producer, and self-sufficient. we'll tell you who's making that prediction, and investment strategies for your portfolio. >> tom: that and more tonight on "n.b.r."! >> susie: the u.s.'s top-notch credit rating is at risk. that's the warning today from moody's investor's service. the ratings agency told u.s. lawmakers that when it comes to the fiscal cliff, the time to act is now, not next year. moody's said if action on averting the cliff is delayed until 2013, it might downgrade the stellar credit rating on u.s. debt. right now moody's has a negative outlook on the u.s. economy. worries about a fiscal freefall, kept wall street stocks in check: the dow and nasdaq fell a fraction, while the
year the universal fear was that the u.s. debt would be downgraded. you know the moody's and s&p thing. talk about a friengt unknown. i remember be at eagles training cam np lehigh and the players were all worried about are u.s. government bonds coming under pressure from our government's profligacy. they're worried about the moody's and s.e.c. downgrades. wrong on two counts. first, they should have been far more worried about their performance on the field. [ rimshot ] and second, interest rates actually went down and they went down very big. so worry completely misplaced. totally misplaced. now got the picture. big scare after stocks went down initially but then after a decline similar to the one we're having now we began to see stocks stabilized. which ones stopped going down first? that's what we've got to figure out. there are curious pictures of stocks that do well in a recession and stocks that had gotten down to where their yields were very competitive against prevailing irpt rates. it's true if the fiscal cliff is not bridged your after tax dividend yield will be less than yo
assurances that the nation's economy is sound after u.s. credit rating agency moody's stripped them of their prize the a.a.a. status. this follows the cut by standard and poor's and it was expected. >> hollande is trying to revive the eurozone the second-largest economy. moody's had nothing good to say about france's economic prospects. they say the country has become less competitive and its labor market has turned staid. they say this makes them more bolt -- vulnerable to turbulence elsewhere in the eurozone. the french finance minister moscovici rejected the you downgrade. >> this does not put into question the fundamentals of our economy or reforms undertaken hat by the government. it does not? creditworthiness. >> he blames the previous french government for failing to balance the budget. nonetheless, he says the downgrade is exaggerated. private u.s. rating agencies like moody's are subject to much flak in europe. critics say they gave ailing wrote u.s. banks operating as in 2008. many want the establishment of an independent rating agency instead. >> the european markets take
today from moody's investor's service. the ratings agency told u.s. lawmakers that when it comes to the fiscal cliff, the time to act is now, not next year. moody's said if action on averting the cliff is delayed until 2013, it might downgrade the stellar credit rating on u.s. debt. t ghmoriw s noy'a odhas ti right now moody's has a negative outlook on the u.s. economy. worries about a fiscal freefall, kept wall street stocks in check: the dow and nasdaq fell a fraction, while the s&p was up a fraction. american businesses are not only concerned about the fiscal showdown in washington, but also about corporate earnings. nearly all of the s&p 500 firms have reported numbers, and profit growth is the slowest since the recession in 2009. and the majority of firms are also reporting disappointing revenues. here's erika miller with a look back at the quarter, and a look ahead. >> reporter: earnings season is drawing to a close. and for many firms it's good riddance. nearly all of the s&p 500 have reported quarterly numbers, and according to s&p capital i.q., profits are up a measly 2%
.b.r. >> susie: good evening everyone. i'm susie gharib. a dire warning from moody's to u.s. lawmakers: avert the fiscal
liquid in the eurozone. moody's joined s&p by stripping paris of its aaa rating citing growing about public debt levels and its diminished ability to withstand future euro area shock. bank of japan remains steadfast despite rising political pressure prompted by controversial comments from the likely next prime minister who has called for an unlimited amount of cash. he wants benchmark rates to come in below zero. but the bank of japan governor has dismissed those ideas. the chief said negative interest rates will lig early liquidity concerns in the market martin schultz is with us. thanks for joining us. is this a sign of things to come, a big standoff with japan? >> well, it's rather surprising that a hopeful government coming in is picking a fight with the bank of japan when they're starting off. what is happening here is that it seems that the ldp doesn't really have a growth strategy right now and the frustration in industry with the strong yen and slowdown in export is tremendous about that. >> big problems if we have unfettered money printing. would there be as he also says 30
the debt ceiling increase into this deal, get it out of the way so moody's and s&p won't downgrade us again? >> of course they should. a mistake not to do that in 2010 when they extended the tax cuts for two years. you cut your revenues but you don't raise your borrowing limit. that was a mistake. of course, we should do that again and get it out of the way. >> do you think that if we don't we're going to take more credit downgrades? everybody is talking about moody's because they can't do it the last time. s&p is still out there. do you think there's a risk of a credit downgrade which really hurt the stock market, the stock market last year? >> yeah. i think there is, but i would hope it's attached more to the balance, whether we get a balance of taxes and revenues, revenues and spending cuts. i think if -- if the rating agencies see some real substance there, if wempro our fiscal future for the next ten years that's the best way to avoid a downgrade. if we don't see any of that, and we've got a debt ceiling increase, i'm not sure that's going to help much from their point of view. >> you'
downgrade our credit again. you'll see fitch and moody's join s&p. i think you'll see corporations lose confidence as to what we're going to do, where we're going to go. i think you'll see them slow down hiring and stop capital expenditures. we'll be in a hell of a mess. >> this is not where we want to go. >> we don't want to bet the country, especially when there are alternatives to get it den. >> it upsets me you're worried we're not going to get a deal. that's how i felt. >> i think there's a one-third probability we'll get a deal in lame duck. about one-third we'll go over the cliff and be able to reach a deal right afterwards. that'll be okay. b but there is that one-third chance we won't and end up in chaos. >> the markets have felt that no one would be dumb enough to let this happen. now they can see that it is indeed possible. this could happen. now they finally sobered up. they were playing it all to be done. no one had ever let this happen. it can't possibly happen. well, mer ry christmas. >> you're absolutely right. we're going to take a short break. we've been talking about
-election. moody's is again talking about a possible downgrade to the u.s. credit rating. moody's says it will wait until the 2013 budget negotiations are completed before taking a action. although the ratings firm says failure to reach an agreement will not mean an automatic downgrade. >>> boeing is reportedly planning a major restructuring to the defense division. that includes cutting management jobs by 30% from 2010 levels. the report says the official word will come later today. that is the latest from the fox business network, giving you the power to prosper tracy: it is not often a presidential candidate wins the white house by promising a big ol' tax increase, how about that a way to win votes. president obama's tax fairness seemed to be a crucial part of the campaign and helped him win a second term last night. what is the question for those of us not really keen on the tax hike? what will your taxes look like come april? we have the coleader of the national tax department for ernst & young, my former alma mater and former assistant secretary of the treasury department under president obam
fitch and moody's join s&p. i think you'll see corporations lose confidence. you'll see them slow down hiring, stop capital xebd churs, capital will go on on strike, it will be a hell of a mess. >> leaders of both parties think it would be to their advantage to go off the fiscal cliff. what a 12 straight that is, that we could win more as democrats if we let it go or we can win more as republicans. this whole game isn't about america, it's about you who do we make the demss lose and how do we make the republicans lose. people are sick of that and ashamed of it. >> we'll try to rise above all of this today. our guest hosts will be doing the same. but before we get to all of that, andrew has shall other top headlines. >>> we have some very important news and serious news. fighting escalating sharply overnight. dozens of missiles seen exploding in gaza. authorities in india have investigating claims a that walmart violated exchange rules. direct ownership by foreign firms was prohibited. walmart has denied any wrong doing. and the news comes a day after walmart reported disappointing quar
. s&p and moody's both give illinois the second worst credit rating in all of the 50 states. illinois is funded 45% of pension liability, the lowest percentage of any state. unemployment in illinois, very impressive as well. just under 10%. they had things well in hand in illinois. is it mentioned that is a haunted the president obama? anyway, the tenth highest unemployment rate in the country. for stub's illinois a death spiral state because for every hundred private-sector workers in illinois there are 103 depending upon those private-sector workers. new york, aiming at the sixth worst death spiral state because for every 100 private-sector jobs in new york there are 107 who depend on the private sector for their -- well, their sustenance. a per capita debt of nearly $6,700. $6,700 just for the state of new york. the six highest in the country. we have people worrying about the fiscal cliff which is worth worrying about. some of these states have gotten a massive problems. these three among them. unemployment is new york is over 8%. twenty-fourth highest and 16%, 16 percent live bel
moody's and s & p and all of those guys have been ultraaggressive since blowing the housing bubble and trying to stay ahead of this stuff. also i think they're trying to play a role with respect to finding a solution to this thing. i don't think anybody wants to see our credit rating start to deteriorate. the fact of the matter is, we're winning now because of our legacy. we're winning because we're the only game in town right now. that's the only reason money continues to funnel into america. that's not always going to be the case. we better fix this right now. >> steve: yeah. i was reading about that in politico, that lefty blog last night. what happens if let's say moody's does go ahead and downgrade sinus we got downgraded last year by s & p and it was a bad couple of days, but steams to bounce back. >> we did bounce back. again, for the most part, if you got a lot of money and you put it in chinese bonds or american bonds right now, put it in american bonds for the moment, not russian bonds or european bonds, but again, it still at some point becomes more expensive. we're talk
've got moody's, warning that the u.s. not only has to make a deal, but a good deal, or another debt downgrade is possible and moody's seems to doubt whether our elected leaders can actually do it. chime in on facebook, please, should the president be meeting with union leaders, the first meeting he holds, the far left, really? weigh in, please, facebook, 24/7. we want to show you microsoft stock pre-market and two big stories are affecting the stock this morning and right now trading way down ahead of the opening bell. why is that? because the executive who was expected to be next in line to lead the company after steve ballmer has left suddenly. and steve sinonsky, windows 8 unveiled next week, is his quitting a signal it's not successful? and video game halo 4, 220 million, one game, one day, not enough to make up for sinofsky's leaving. we'll follow this throughout the program. and remember, i do own some microsoft stock. coming up next, the opening bell this tuesday morning, we're going to be down. having y ship my gifts couldn't be easier. well, having a ton of locations doesn'
place tomorrow. >>> it's been 473 days since the u.s. lost its top credit rating. moody's downgraded the country of france. today. meaning france lost its aaa. now, this was something that was a long time and coming. many including bill gross at pimco said it should have happened a long time ago and despite the fact its president has been trying to raise taxes. our fourth story "outfront," those cia talking points. who changed them and why? we have new information for you tonight. we can report that the office of the director of national intelligence tells cnn that the talking points were changed by the intelligence community. now, congress has launched an investigation after former director david petraeus testified he knew immediately after the september 11th attack in libya that the attack was carried out by terrorists linked to al-qaeda. now, this of course contradicts what we heard from u.s. ambassador to the united nations who said publicly on five sunday talk shows that the attack was spontaneous and sparked by an antimuslim film. the director of the national intelligence offic
no time on this issue today. fitch saying the u.s. needs to fix that debt threat and moody's says it's going to wait before taking any action and maintain its negative outlook on the u.s. economy. one thing is for sure. the stock market is taking the fiscal cliff very seriously. the blue chip average is off the lows but still down sharply at one time today, the dow was down about 369 points. first time we've seen that big of a decline since november 21st of last year. off the lows rights now, the dow down 260 points at 12,985. the nasdaq is down 63 points, a more than 2% decline at 2947. the s&p at this hour is down 28 points right at 1400. let's break down what's behind today's dramatic decline in stocks in today's "closing bell" exchange. we welcome back michael pento, kwint tatro, jeff sika, and our own rick santelli. quint, you believe the market was going to go down either way. why? >> i do. i think this was long overdue. we have been propped up with some incertauncertainty. it's kept the market saying, are we going to get a change? it didn't matter who won. we've been facing pr
in the ground--in the room. it is a single downgraded the of the two have a set aaa. people look at the u.s. go with higher ratings. this one will be different. if moody's downgrades, it will no longer be a split rating. it is below aaa. what happens in that respect. all of the desk that is issued by other companies go up because they are priced off of aaa. they're no longer price of of aaa. this will have an impact on the market. the debate does not take this into account. when you think about buying corporate bonds, they are priced off of the aaa treasury and moody's downgrades, there's a good chance they will. and if they don't do a real deal moving in the direction of a real deal, if they have some direction moving forward in terms of dealing with that, that is where this could kick in. liz: what you heard on the call, the people of goldman in agreement with that. charlie: it was the moderator and lloyd blankfein didn't chime in. senators were pretty much in agreement on everything. they think there will be a stopgap solution. they think the country will deal with tax reform in the coming y
the pike. starting with moody's. they're saying their rating on u.s. debt is likely to be maintained until the outlook of negotiations is clear. now fitch, they're likely to review their rating of u.s. debt in late 2013. late 2013. standard & poors poor's is saying it is a 1 in 3 chance of a downgrade over the coming two years. what do the ratings agencies want to see in order to avoid those kinds of downgrades? what they're saying is laid out specifically in their reports. moody's saying they want to see specific policies that produce a stabilization. they want a downward federal debt to gdp trend. fitch says they want an agreement on med yum term deficit reduction in 2013. standard and poor's is saying a medium term fiscal plan toward reducing general government debt. if you're an investor worried about these ratings agencies, it is very clear here that you are going to know the outcome of the fiscal cliff negotiations here in washington before these ratings agencies make a move to downgrade u.s. debt. they are going to wait to see what happens in the united states, in washington before
&p and moody's to get a rating and it is a rigorous process. if the u.s. government had the same process to go through in regard to this credit rating, it would not have a rating that would give it an interest rate of 1.6% on the 10-year. it is disconnected from reality. >> i think that was a question there and that will probably be the last. >> hello. my name is melissa kirby. i was wondering your thoughts on the fact of necessary bailout of the national debt, specifically in regard to insurance companies not being able to make their payments hot on environmental disasters or otherwise. >> security companies are not able to meet the cost of sandy? >> or in the future with regard to others. specifically more on bailout and the effect of national debt. >> it is hard to see that we do not need national regulation in the insurance industry. we certainly have it for the future. it does have advantages. we still have state security regulators. we have an oversight by there. this ties back to the financial industry. you have to have proper reserves in the insurance industry. i would say with respect
than europe. >> when you look at it, we are a reader company, so we go in front of s&p and moody's to get a reading and it's a fairly rigorous process. i say if the u.s. government had the same process to go through with respect to its credit rating and what it did with the debt ceiling showdown, it wouldn't have a rating that would give it imagist rate of 1.6% on the 10 year. it is disconnected from reality at this point in time. >> i think there is a question they are double probably be the last question. >> hi, my name is alyssa kirby. i was wondering what your thoughts are on the effects of necessary bailout on the national debt, specifically regard to insurance companies and reinsurance companies not being able to make payments otherwise. >> well, i can't fail dispute on that issue, but insurance companies are not able to meet the cost of sandy? >> yeah, or in the future in regard to others when they can't make payments. specifically more your thoughts on bailout and the effect of national debt. >> all make one comment on the insurance industry. it is hard to see that we don
a downgrade from moody's. second ratings agency after s&p to cut their aaa. french yields slightly higher this morning. but no big market reaction. it was widely expected. back to you. >> ross, thank you. >>> coming up, we'll come back and talk what's going on in the market, but also a live report from brussels where euro finance ministers are meeting. plus the big ten could be getting a big bigger. becky quick has a little news. and your national weather forecast as americans get ready to hit the road for thanksgiving. [ penélope ] i found the best cafe in the world. nespresso. where i never have to compromise on anything. ♪ where just one touch creates the perfect coffee. where every cappuccino and latte is only made with fresh milk. and where the staff is exceptionally friendly. ♪ nespresso. what else? >>> futures indicated a little lower. dow by about 22, s&p by less than a point. and this is coming after a big rally for the markets yesterday. carl icahn reporting an 8.9 stake. and british prosecutors plan to charge former news corp executives in connection with a bribery probe.
that we had. moody's just announced that they are cutting france's government rating to aa from triple-a. the s&p data back did it back in january. of course, we mentioned last week that the eurozone is in recession. economies that are expanding and not contracting. is this a winning post for people in this country who can't seem to get our spending under control? >> i think it should be a warning. the entire situation should be a wake-up call. but even in europe, they are not recognized in the wake-up call. they are not doing all they could do to turn themselves away from being someone like greece. they have to cut the spending. gerri: they don't want to hear the bad news. they blared on the front page on "the wall street journal." here's what they say is that overall spending by u.s. companies, down 1.3%. capital spending by 4.4%. the software spending is flat. that was as announced in the third quarter of 2012. the business roundtable saying that sentiments are the worst in three years. among ceos. this has got to be concerning. a pullback this dramatic by the companies that could e
. ithat the u.s. has a split rate% going into aaa. you have the s&p, moody's aaa. moody's downgrades, it is not a split rating, it is double-a or whatever. it ain't aaa. and guess what happens when you go to the lower rating. that is when your primitive contracts have an issue. said it would be really smart, the president was smart he would appoint bowles as secretary, but that probably will not happen. melissa: we will let you go so you can go and do that. thank you so much. lori: a rrminder we are minutes away from president obama's news conference. those remarks live as soon as they happen. and lou dobbs will help us walk up the press conference joining us next with what you should be listening for in the president's remarks. let's check the dollar. live pictures of civil unrest, violent protest in europe today, so people are actually flying in to the dollar. we are back after this. with the fidelity stock, you can try strategies from independent experts and see wh criteria they use. such as a 5% yield on dividd-paying stocks. then you can customize the strategies and narrow down
now we are faced with the u.s. possibly being downgraded by moody's. it is when you go from a aa one category, you start tracking down which maybe two or three years out. connell: thank you very much for putting that together for us. chris ahrens. dagen: meeting with labor as we speak. connell: just a week after microsoft unleashed windows eight on us, the tech giant releases the guy who is behind it. what is going on there. we will also talk with ken burns. he will talk about his election and his new documentary about the dust bowl. here are some winners on the s&p 500 today. ♪ >> announcer: you never know when, but thieves can steal your identity and turn your life upside down. >> hi. >> hi. you know, i can save y 15% today if you open up a charge card account with us. >> youust read my mind. >> announcer: just one little piece of iormation and they can open bogus accounts, stealing your credit, your money and ruininyour reputation. that's why you need lifelock to relentlessly protec what matters most... [beeping...] helping stop crooks before your ideity is attacked. and now you
to imagine that the -- it's the reason why we'll get a deal. >> i agree. moody's issued a report saying that budget negotiations during the 2013 legislative session will likely determine the direction of the u.s. government's aaa rating and negative outlook that report talked about the debt ceiling. is the primary concern for moody's more the particulars of a deal that would be struck or congressional dysfunction and an inability for the two sides to find common ground in general? >> well, as you know, i'm not part of the rating agency so i have no special insight here. but i'll give you my three cents on what they're saying. i think they want to make sure bottom line that if you look down the road five or ten years from now that the nation's debt to gdp ratio, that's the collective debt load, is falling, declining. that we make changes to the -- to tax revenue spending cuts that we get to this declining debt to gdp ratio. if we can do that and it's credible, then i think our rating is fine. if you read what they're saying. and if we are unable to do that, then our rating is in jeopardy
for a moment because there is a dire warning to lawmakers on our economic future. moody's investors service says the u.s. still get as negative rating because of the uncertainty surrounding the so-called fiscal cliff. all of this comes as congress today returns to work on capitol hill for their first session since september after a hard-fought election. paul ryan is now speaking out for the first time. he says he is ready to reach across the aisle. >> it's part of my job to be a part of the solution to try to make this divided government work because the issues we talked about seven days ago are still the issues we have to deal with today, the economy, a debt crisis. we have got a health care system problem. i worry about our military. these same problems exist and we'll have to find a way of finding common ground to make them work. martha: paul ryan who hoped to be vice president of the united states come january, now finds himself in his congressional seat still in wisconsin and says he has got his work cut out for him. stuart varney joins me. host of the "varney & company" on the fox bus
the last 52 weeks, s&p and nazdaq both 20% higher. take that bears, joining me now, john lonski, chief economist for moody's capital market, great to have you here, looking at these numbers, year-on-year, that is pretty good. >> what fiscal cliff, right now we're up by 12% from our 12 month low. in terms of a month long average that is pretty good, investors are not as frightened as they were some days ago regarding possibility of higher taxes, for capital gains and dividend. lou: they are still in prospect, all of it is. we have folks introducing bills to defer the whole thing for a year now. and the president is making nice, he is talking with ceos, seeming leally almost every othr day. >> market thinks we have a kinder and gently barack obama, who knows that might be correct. but who knows, business sales show no signs of improving sig 1/2 cannily, we'll issue watching what happens this week into start of the holiday shopping scene very closely. lou: at what point do we just acknowledge we're sort of you know bumbling along, economically, that the markets are outperforming the econo
&p and moody's to get a if the u.s. government had the same process to go through in regard to this credit rating, it would not have a rating that would give it an interest rate of 1.6% on the 10-year. it is disconnected from reality. >> i think that was a question there and that will probably be the last. >> hello. my name is melissa kirby. i was wondering your thoughts on the fact of necessary bailout of the national debt, specifically in regard to insurance companies not being able to make their payments hot on environmental disasters or otherwise. >> security companies are not able to meet the cost of sandy? >> or in the future with regard to others. specifically more on bailout and the effect of national debt. >> it is hard to see that we do not need national regulation in the insurance industry. we certainly have it for the future. it does have advantages. we still have state security regulators. we have an oversight by there. this ties back to the financial industry. you have to have proper reserves in the insurance industry. i would say with respect to bailout, they are creating an
by the end of the year. if you recall moodies warned back in september a failure to reach the deal would lead it to downgrade in the u.s. they still have america rated triple a. s&p after the bitter fight to raise the debt ceiling back then. >> we don't like to hear that. if you are traveling on thanksgiving beware get to the airport early. you are not alone. does this sound enticing busy airports claim 90 percent full and more expensive tickets. that's the outlook for thanksgiving air travel the trade group airline for america. thankful for that. >> 20 million folks are expected to fly fwhooeven the 16th and the 17th that's a 3 percent increase from last year. here are three-days want to avoid. november 21st ss, sunday november 25th and monday the 26th. >> thanks. good to see you. great information. the presidential election no laughing matter not even for this comedian dennis miller. >> best day america has had. i don't agree. >> it is to be created sandy. they can't handle a nor' easter. a look at the gasoline prices, the national average 3.62 a gallon. that is unchange the since yesterday
? >> reporter: the number you are referring to there is coming from moody's analytics and, $20 million is from airlines cancelling flights and restaurants not serving meals and casinos not being able to take bets and the u.s. small business administration is making loans of up to $2 million available to companies, trying to get their heads back above water. >> we have been on the ground for weeks now, and, working closely with families to help them get back on their feet as quickly as they can. >> reporter: in manhattan, mayor bloomberg announcing a new program today to make $5.5 million in matching grants available for new york city businesses, most impacted by super storm sandy. >> harris: the world would not be the same without mom and pop shops. good to see you, thank you. the president doing some christmas shopping, this small business saturday, and he is taking his daughters, malia and sasha to the one more page bookstore, an independent neighborhood bookstore in arlington, virginia and the white house saying the president bought 15 children's books as gifts for family. the sports world
to briefly summarize why this/zñ?ñ? is so meaningful to us. one is it's4lñ?ñ? helpful for ratepayer assurance and for the public that we have sound and prudent oversight. and also, every time i go to meet with the rating agencies, whether#ññ?ñ? moody's standard and poor or fitch they@÷ñ?ñsee our oversight committees whether it's the mayor or our revenue bond oversight committee ordñ?ñ? our rate fairness board, we have about 10 of them, they are independent financial officer our controller's office, our city services auditor as)qñ?ñ?ñ well as our citizens advisory committee, we have people who care and pay attention and look at every dollar and how it's being spent. than#ñ?ñ? you for reconsidering an extension of this oversightq-ñ?ñ?ñ body. it's important. that being said i do understand in previous -- inaxñ?ñ? a previous meeting there were somee?"f suggestions on how we might make it even stronger. i÷nñ?ñ?ñ,ñb3@í want you to know that the public utilities commission is open9ññ?ñ?ñ to helping implement any goo
this/zñ?ño meaningful to us. one is it's4lñ?ñ? helpful for ratepayer assurance and for the public that we have sound and prudent oversight. and also, every time i go to meet with the rating agencies, whether#ññ?ñ? moody's standard d poor or fitch they@÷ñ?ñsee our oversight committees, whether it's the mayor or our revenue bond oversight committee ordñ?ñr rate fairness board, we have about 10 of them, they are independent financial officer, our controller's office, our city services auditor as)qñ?ñ?ñs our citizens advisory committee, we have people who care and pay attention and look at every dollar and how it's being spent. than#ñ?ñ? you for reconsideringn extension of this oversightq-ñ?ñ body. it's important. that being said, i do understand in previous -- inaxñ?ñ? a previs meeting, there were somee?"f suggestions on how we might make it even stronger. i÷nñ?ñ?ñ,ñb3@í want you to knoe public utilities commission is open9ññ?ñ?ñ to helping implemeny good ideasa?ñ? to make it stro, and to make our credit strength and our ratepayer assurances as solid as
Search Results 0 to 49 of about 63 (some duplicates have been removed)

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